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Many of today’s experienced employees in the United States may be bucking the traditional adage of “climbing the corporate ladder” to career success, as a recent report found that an unusually large number of experienced workers are seeking entry-level positions.
Some experienced workers are willing to take tens of thousands of dollars in pay cuts to move down the career ladder, according to recruiting professionals.
Meanwhile, younger workers face competition on two fronts: from their peers and from more experienced candidates.
Nearly Half Seek Lower-Level Jobs
As of May, nearly 50 percent of job seekers with 10 or more years of experience sought entry-level roles, while only 12 percent of applications from this group were for senior-level jobs, according to a July 23 analysis by Indeed Hiring Lab….
Some experienced workers are willing to take tens of thousands of dollars in pay cuts to move down the career ladder, according to recruiting professionals.
Meanwhile, younger workers face competition on two fronts: from their peers and from more experienced candidates.
Nearly Half Seek Lower-Level Jobs
As of May, nearly 50 percent of job seekers with 10 or more years of experience sought entry-level roles, while only 12 percent of applications from this group were for senior-level jobs, according to a July 23 analysis by Indeed Hiring Lab….
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